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Iran’s Deputy Minister of Petroleum Salim Salim stated that Iran has signed cooperation agreements with petrochemical projects in five countries including Russia, Turkey, South Africa, India, and Oman, mainly involving production technologies and equipment for products such as Urea, ammonia, polyethylene, and methanol. , and plant construction and so on. He also stated that as of the end of this year, Iran’s investment in petrochemical industry projects will reach US$3.3 billion.